Public partial or total acquisitions of bank equity constitute short-term solutions to avoid a series of bankruptcies in the financial sector with their catastrophic consequences for credit end growth. Mergers and acquisitions realized in emergency in the banking and financial sector, often with the help of public authorities, also save companies from failure. The purpose of the article is not to question those political decisions, but to stress that these emergency remedies may have negative consequences for banks and the credit market efficiency, and possibility for the stability of the financial sector in the longer run. Link to the article
CHARLETY-LEPERS, P. (2010). Eviter les défaillances bancaires en temps de crise : conséquences à long terme des restructurations du capital des entreprises financières. Revue d'Économie Financière, 97(2), pp. 143-153.